1 dollar = 4800 goozman

Playboy

IPL Player
Oct 18, 2010
2,730
56
#2
yes that's how the sheep see it.
but in reality this is how the gov can balance it's budget
without raising fuel or other commodity prices.it's basically
a tax on the rich since the central bank holds the $$$ it sells
to the public.
 
Likes: A8K

Bache Tehroon

Moderator
Staff member
Oct 16, 2002
37,330
125
DarvAze DoolAb
www.iransportspress.com
#3
yes that's how the sheep see it.
but in reality this is how the gov can balance it's budget
without raising fuel or other commodity prices.it's basically
a tax on the rich
since the central bank holds the $$$ it sells
to the public.
Apparently you're no smarter than the sheep. It's not a tax on the rich. It's a tax on consumers and importers. The vast majority of Iranians including the poorest are consumers and import-buyers.

And clearly, it's no longer in complete control of the central bank as it doesn't possess enough dollars to even temporarily tame the market.

People of Iran should stop looking at their government as this capable and willing entity that morons like Rohani want to portray. Fact is, the government is one of the weakest and most lethargic links in the economic cycle of Iran. It needs to shrink by a massive factor.
 

Ardesheer

Bench Warmer
Jun 30, 2005
1,580
0
#4
yes that's how the sheep see it.
but in reality this is how the gov can balance it's budget
without raising fuel or other commodity prices.it's basically
a tax on the rich since the central bank holds the $$$ it sells
to the public.
:knight2::knight2::knight2::knight2::knight2:
 
#5
yes that's how the sheep see it.
but in reality this is how the gov can balance it's budget
without raising fuel or other commodity prices.it's basically
a tax on the rich since the central bank holds the $$$ it sells
to the public.
.
.
.
LOOOOOL yeah right, like before, Government balanced their budget and then pull the $ price back where is was
 
Likes: zoozanagheh
Feb 4, 2005
20,262
382
#6
It needs to shrink by a massive factor.
Won't happen. Here is a mathematical reason. Let x represents current number of employees in all government sectors. The ideal number to have a better functioning government than the one we've had in the last 40 years is zero. X / 0 is undefined so the factor cannot be calculated.
 
Oct 18, 2002
15,889
16
#7
I am all for the Rial value going down overtime.

It is not wise to let it lose 10% of its value in one year.

but it is a good for the long term health of Iranian economy to let the Rial slide down in value in near linear line for the long-term.
 

Bache Tehroon

Moderator
Staff member
Oct 16, 2002
37,330
125
DarvAze DoolAb
www.iransportspress.com
#8
I am all for the Rial value going down overtime.

It is not wise to let it lose 10% of its value in one year.

but it is a good for the long term health of Iranian economy to let the Rial slide down in value in near linear line for the long-term.
Yes that's true if you ignore everything else. But you can't.

Rial's devaluation is indeed a wonderful thing when the aim is to amp up manufacturing, attract external investment and increase exports. For any of these to happen logistics, infrastructure, transparency, law enforcement and political flexibility are the absolute minimums. Even the communist party of China (the symbol of shittiness) fully understood this 2 decades ago.
 
Likes: zoozanagheh

Niloufar

Football Legend
Oct 19, 2002
29,626
22
#9
Poor people in Iran. Their income is in Rial, and expenses are already equivalent to that of our expenses here in U.S and Canada. Imagine the increasing inflation on them now. :(

I dont think govt cares either. Their bank accounts in Canada/Switzerland is safe + quite worthy now with this conversion rate. Keshvar ro ghavi tahvil gereftan, daran ghabresho tahvil baadi midan.
 

Playboy

IPL Player
Oct 18, 2010
2,730
56
#10
let's make this easy like pie.

i'm the gov and i have one worker who makes
4000 coins a month.he is making noise about
not being happy with his wage so i promise him
a 10% raise starting next month.
now i only have one $ that is worth exactly 4000 coins
in the market.so i have to come up with 400 coins
more before i can give this guy a raise.luckily i have the
power to set the price for the $ at any rate i want.so i
say $ is now worth 4500 coins.i sell it to a sucker who wants
one and make the 4400 coins i need to pay my employee
and make 100 coins profit too.
 
May 21, 2003
19,604
23
Not The Eshaalic Goozpublic !
#11
yes that's how the sheep see it.
but in reality this is how the gov can balance it's budget
without raising fuel or other commodity prices.it's basically
a tax on the rich since the central bank holds the $$$ it sells
to the public.
i was going to reply like others but then again i can summarize it with a simple quote from the movie Scarface:

Try Sticking your head up your ass to see if it fits !!!
 
Likes: TeamMeli
May 9, 2004
14,768
29
#12
تو من وقتی خوبه ضعیف باشه که ایران یک کشوری کاملا صنعتی و صاداراتش بیش از وارداتش باشه
من نمیدونم نسبت صادارات و واردات ایران چقدر است
ولی فکر نکنم که صادارات ایران بیش از وارداتش باشه
اگر یک کشوری مثل ژاپن بودیم خیلی هم خوب بود حتی تومن برسه به 10 هزار مقابل دلار
ولی الان فکر نکنم ضعف تومان به نفع ایران باشه

 
Likes: zoozanagheh

A8K

Ball Boy
Oct 22, 2016
632
85
#15
Thinking government temporarily making up for budget deficit, probably bounce to 4200-4500 after the new year.
 

Zob Ahan

Moderator
Staff member
Feb 4, 2005
15,669
125
#20
I have a couple of FOB Iranian clients that live here but make money in Iran. One of them just got a havaleh for $200K and he paid over 5000 tomans per $. These guys keep buying income properties here that make no sense at all. They think we have double digit inflation here too and refuse to hold cash.